£321,023
This estimated value is based upon the latest sale price for the house of £190,000 on 16 Dec 2010. This value is then adjusted by the current Official House Price Index for WEST MIDLANDS 1
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| Price Paid | Date |
|---|---|
| £190,000 | 16 Dec 2010 |
| Semi-Detached |
| Freehold |
| Floor Area: 88 sq meters or 951 sq feet |
This model uses changes in the Official Land Registry House Price Index for WEST MIDLANDS to estimate the market value.
When this house was purchased in December 2010 the House Price Index for WEST MIDLANDS was 86.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 68.960%.Applying this 68.960% change to the original purchase price of £190,000 results in an estimated price of approximately £321,023.
| 16 Dec 2010 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.8 | 146.7 | 68.960 % | £190,000 | £131,023 | £321,023 |
The Postcode Pricing Model uses changes in average sales price within the B62 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 28.614 % | £54,367 | £244,367 |
| 3 Month Average | 51.851 % | £98,516 | £288,516 |
| 6 Month Average | 63.942 % | £121,490 | £311,490 |
This house has a floor area of 88 sq meters or 951 sq feet when measured on 26 Jun 2009.
The average size of a house on FRANKLEY AVENUE is 103 sq meters (1,117 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Shoplifting | Under investigation | On or near Spies Lane |
| Mar 2024 | Robbery | Under investigation | On or near Spies Lane |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Spies Lane |
| Dec 2023 | Vehicle crime | Unable to prosecute suspect | On or near Spies Lane |
| Dec 2023 | Shoplifting | Investigation complete; no suspect identified | On or near Spies Lane |